Boundless, Ably and Articulate closes funding, and more

Recent funding this week (June 28 - July 4, 2021): Boundless,Ably, and Articulate gets funded
Boundless, Ably and Articulate closes funding, and more

Ably raises $70 million fund in series B round 

Messaging platform Ably closed a 70 million USD fund co-led by Insight Partners and Dawn Capital LLP. Among others, Triple Point, Digital Horizon, Forward Partners, and MMC, also participated in this new funding round. 

Ably plans to use this fund to enhance its workforce, expand its platform, and continue to innovate. Ably now employs 65 individuals, with ambitions to add another 125 in the next 15 months to extend its strong US presence and strengthen its core UK workforce.

Articulate lands biggest A round fund of $1.5 billion 

Articulate Global, a New York-based training and e-learning company, has secured $1.5 billion in a round led by General Atlantic and including funds managed by Blackstone Growth (BXG) and ICONIQ Growth.

Articulate was started by CEO Adam Schwartz in 2002.  With this first round of funding, the firm is valued at $3.75 billion, making it one of the largest Series A investments ever. Articulate plans to leverage these new partnerships to accelerate its global expansion and scalability.

Remote Employment Platform, Boundless gets €2.5 million funding 

Remote employment platform, Boundless raises seed funding backed by Ada Ventures and FYRFLY. Boundless was founded in 2019 by Dee Coakley, Eamon Leonard, and Emily Castles, making it one of the few fast-growing companies in the world with a female CEO and CTO. 

Boundless is built to enable businesses to recruit people legally all over the world while still providing benefits and opportunities to their employees in the country where they operate. 

With this fresh fundraise, it plans to expand its workforce across payroll, legal, HR, engineering, marketing, and sales functions.

Leading PropTech investor backed WAKU robotics

WAKU Robotics, Europe's largest mobile robot marketplace and robot fleet hardware analytics platform, raised funding from Pi Labs. Here’s what Sander Nijssen, Co-CEO at WAKU Robotics, said: 

“Funding from investors like Pi Labs will help us to set up development partnerships with market leaders in the warehousing and manufacturing sectors.” 

Pi Labs' investment in WAKU is aimed to expand its worldwide ambition and influence by investing in the world's most creative PropTech businesses.  This year, Pi Labs has  launched its ninth accelerator program, bringing the company's worldwide portfolio to 60 startups across three continents.

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